Company Research Report: AppTech Payments Corp.
Company Overview
Name, Mission of the Company
AppTech Payments Corp.
Mission: To deliver a better way for businesses to provide their customers with immersive commerce experiences.
When was the Company Founded and by Whom
- Founded: 2013
- Founder(s): No information is available
Key People in the Company
- Luke D'Angelo: Chief Executive Officer, Executive Director & Chairman
- Virgil Llapitan: President & Chief Operations Officer
- Julia Yu: Chief Financial Officer & Treasurer
- Anthony Shall: Vice President
- Marc Evans: Corporate Secretary & Associate
- Thomas DeRosa: Executive Director Product & Project Management
Where is the Company Headquartered
- Headquarters: 5876 Owens Ave. Ste. 100, Carlsbad, CA 92008
Number of Employees
- Number of Employees: 25
Revenue of the Company
No information is available
What is the Company Known For
AppTech Payments Corp. is known for its pioneering role in Specialty Payments™ with a differentiated digital platform, developing patented technologies, and enabling secure and scalable payments across various channels, including patented Text-to-Pay technology for contactless payments.
Products
What Products Do They Offer
1. Commerse™
- High-Level Description: Provides businesses with the tools needed to accept digital payments, including credit card and alternative payment processing services.
- Key Features:
- Enables SMS payment and invoicing capabilities
- Secure & scalable across all channels
- Next-generation digital banking with integrated cloud and edge security solutions
2. FinZeo™ Platform
- High-Level Description: Changes how companies manage payments and banking, driving operational efficiencies and economic convenience.
- Key Features:
- Intelligent and secure digital financial technology stack
- Customizable, white-labeled portal for clients
Additional Patents:
- Mobile Payment Portfolio:
- Mobile-to-Mobile Payment System & Method (USPTO 8,369,828)
- System & Method for Delivering Web Content to a Mobile Device (USPTO 8,073,895; 8,572,166)
- Computer-to-Mobile Two-Way Chat System & Method (USPTO 8,315,184)
- Geolocation Portfolio:
- Mobile Commerce Framework (USPTO 7,693,752; 8,554,632; 8,799,102; 9,436,956)
- Additional patents spanning 10,102,556 to 11,354,715
- Pending Application: Commerce Ecosystem (Application number 17/832,662)
Recent Developments
What Are the Recent Developments in the Company
1. Strategic Partnerships and Growth Milestones:
- Partnership with FISB Solutions to upgrade legacy banking systems (June 11, 2024)
- Partnership to drive expansion of AppTech’s white-label ACH platform to a portfolio of 40,000 clients (September 18, 2024)
2. Financial Results:
- Positive second quarter financial results reported (August 14, 2024)
- Strong start to 2024 with positive first-quarter results (May 15, 2024)
- Fiscal year 2023 results disclosed (April 1, 2024)
What Are the New Products Launched
- Banking-as-a-Service (BaaS) Platform: Successful pilot program followed by commercial launch (May 16, 2024)
What Are the New Features Added to the Existing Products
No information is available
Any New Partnerships
- FISB Solutions: Upgrade of legacy banking systems covering over two hundred community banks (June 11, 2024)
- PayToMe.co: Honored with six American Business Awards for AI and Technological Excellence (May 1, 2024)
Conclusion
AppTech Payments Corp., with its innovative and patented fintech solutions, continues to drive growth and operational efficiencies across its client base. With a focus on immersive commerce experiences, the company is set to remain a key player in the fintech industry.
5876 Owens Ave. Ste. 100
Carlsbad, CA 92008
(760) 707-5959
info@apptechcorp.com